Essential of torts Mel Smith bought a new car from Ted’s Auto World. As Mr. Smith was driving the car out of the car lot, he was struck by a large truck because it was 9:00 p.m. (in February) and his new car’s headlights did not work. Assume that Mr. Smith would not have been … Read more
Insurance Accounting Assignment. Q1. Insurance companies invest in many areas, but most of all they invest in bonds. This makes sense because bonds are perhaps the safest of all investment categories. Insurance companies – being in the business of risk assessment – would logically find the low risk that bonds represent appealing, but there are other … Read more
Case Analysis-Business Ethics and the Ford Pinto Case Case Analysis The Ford Pinto example is a well-known case that is often discussed in the context of business ethics. To summarize, Ford’s design of the Pinto’s fuel tank was defective, causing fires if the Pinto was involved in even minor rear-end collisions. Ford came to learn … Read more
Assignment Questions on Insurance companies. Assignment Question(s):(5 Marks) Q1. Insurance companies invest in many areas, but most of all they invest in bonds. This makes sense because bonds are perhaps the safest of all investment categories. Insurance companies – being in the business of risk assessment – would logically find the low risk that bonds represent appealing, … Read more
Discuss methods of setting premium rates in insurance companies Assignment Question(s):(5 Marks) Q1. Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating) (1 Marks) Answer: Q2. Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered by them. Your answer should be … Read more
Addressing Premium Rates in Saudi Arabia Assignment Question(s):(5 Marks) Q1. Discuss methods of setting premium rates in insurance companies (Manual rating, merit rating, judgement rating) (1 Marks) Answer: Q2. Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered by them. Your answer should be based on following … Read more
Explain at least one of the following types of insurance Explain at least one of the following types of insurance (listed below) and provide an appropriate example of this type of insurance. Life insurance Health insurance Homeowners insurance Commercial property insurance Commercial liability insurance In addition to your explanation, you need to address the following … Read more
Business Insurance Policies Instructions Small to medium businesses are exposed to risks on a daily basis. The impact of these risks could cause a decrease in revenue and/or an increase in expenses. As we all know, every business is subject to risks at any time. The potential losses as a result of unmanaged risks could … Read more